Eben figures he can work a part-time job for 20 hours a week, 50 weeks a year, for the next four years to earn money for his higher education. He wants to pursue a two-year program at a community college and figures he will need $22,500 each year for tuition, fees, and living expenses. What is the minimum he must make per hour?(1 point)

Question

Eben figures he can work a part-time job for 20 hours a week, 50 weeks a year, for the next four years to earn money for his higher education. He wants to pursue a two-year program at a community college and figures he will need $22,500 each year for tuition, fees, and living expenses. What is the minimum he must make per hour?(1 point)

Answer 1

To find the minimum hourly wage Eben must make, we need to calculate the total amount he needs to earn for four years of education.

First, calculate the total amount needed for one year of education:
$22,500/year * 1 year = $<<22500*1=22500>>22,500

Next, calculate the total amount needed for four years of education:
$22,500/year * 4 years = $<<22500*4=90000>>90,000

Now, calculate the total number of hours Eben will work:
20 hours/week * 50 weeks/year = 1,000 hours/year

Finally, divide the total amount needed by the total number of hours to find the minimum hourly wage:
$90,000 / 1,000 hours = $<<90000/1000=90>>90/hour